I put in a business expense but my "federal tax due" rose

ameliawdavis — Thu, 06 Jun 2019 09:23:17 GMT

Whenever you enter your business expenses this reduces yo...

Patrice — Thu, 06 Jun 2019 09:23:19 GMT

Whenever you enter your business expenses this reduces your taxable income and certain refund credits are based on the amount of taxable income that you have (for example: earned income credit and child tax credit). Therefore by putting in deductions such as business expenses you are reducing your taxable income this results in a reduced credit and that results in your refund going down and your tax liability going up.

topic I put in a business expense but my "federal tax due" rose in Business & farm

I put in a business expense but my "federal tax due" rose

Whenever you enter your business expenses this reduces yo...